Liquidation Reference: $850.1232
Entry Zone: $853 – $858
Stop Loss: $836
Take Profit 1: $875
Take Profit 2: $895
Take Profit 3: $915
Market Analysis:
The liquidation around $850 highlights an important short-term price area where buyers may attempt to regain control. A sustained reclaim of $858, supported by stronger trading volume, would improve the bullish outlook. Watch for consolidation above the entry zone rather than entering during an unstable price move.
Invalidation: A sustained move below $836 cancels this long setup.
Maintain disciplined position sizing and avoid excessive leverage.
#Bitcoin midterm election pattern
#US October NFP: Are Rate Cuts Still Possible?
#Anthropic IPO Valuation Drops to $1.5 Trillion as Investors Reassess AI Growth